Korea Electric Power to invest US$1.8bn in smart grid rollout
Smart grid investment aimed at reducing power demand by 10% and boosting integration of renewables.
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Posts Tagged ‘power utility’
Canada: Capital Power buys Bridgeport Energy power plant for US$355m
Capital Power increases its power portfolio to over 1000MW of generating capacity, looking to increase this 10-fold by 2020.
Track software: bringing order to chaos
One of the major issues facing large power project developers is the task of handling and coordinating hundreds of contractors on a single site. Failure to adequately manage this colossal task can result in massive cost inflation. IFandP talks to Track Software’s CEO Bob Harrell about how sophisticated contract management systems can make this task much easier and generate significant savings for refiners and power utilities alike.
Enel inaugurates Italy’s first CCS pilot plant
Project to pave the way for 1MTa facility at Porto Tolle.
PPL buys E.ON’s UK power network for US$5.6bn
PPL Corp beats Hong Kong’s CKI, move boosts its existing presence in UK market.
AES to sell four coal-fired plants in New York
AES Corp looking to sell coal-fired power plants, due to low electricity prices, lack of expected improvement going forward.
Fitch Ratings: small coal-fired power plants in five US states most under threat from tougher air quality regulations
Push for tougher air quality regulations could force closure of 16.7GW of old-coal fired generating capacity.
Li Ka-Shing closes in on E.ON AG’s UK power network
CKI favourite in E.ON AG’s auction of UK power grid assets, but could run afoul of competition concerns.
Power production pushes Iberdrola profit to US$4bn
Increased generation from hydropower and wind sources pushes net profits past expectations for Iberdrola.
Japan’s Chubu Electric to build new nuclear plant by 2030, plans to step up investment overseas
Chubu Electric Power Co to add 3-4GW nuclear power plant while looking overseas for further business.
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